ECB wants stablecoin yield ban expanded across crypto lending and staking
ECB wants stablecoin yield ban expanded across crypto lending and staking
ECB backed central banks want MiCA’s stablecoin yield ban extended to lending, borrowing and staking products.The ESCB said indirect returns could allow platforms to turn stablecoins into yield bearing arrangements despite existing restrictions.Central banks proposed replacing MiCA’s minimum bank deposit requirements with reserve rules based on one to five day liquidity.